Buying a House at Auction? Here’s Why You Need Fast Finance

Buying a property at auction is one of the quickest ways to secure a home or investment property—but it also comes with strict deadlines. Most auction houses require completion within 28 days, leaving little time for traditional mortgage processes.

If you’re planning to bid at auction, speed is critical—and that’s where bridging finance comes in.

At LTC Mortgages, we specialise in fast, flexible funding solutions that make buying property at auction simple and stress-free.

Why Traditional Mortgages Often Aren’t Fast Enough

Standard mortgage applications can take 6–8 weeks or more to complete. With auction purchases, that timeframe just doesn’t work. Legal documents must be finalised and funds transferred within 28 days—sometimes even sooner.

Trying to secure a standard mortgage in time can risk losing your deposit or the property altogether.

How Bridging Loans Help Auction Buyers

Bridging loans are short-term, interest-only loans that can be arranged quickly—often within just a few days. They’re specifically designed to fill the gap between purchasing a property and arranging longer-term finance or resale.

Key Benefits of Bridging Finance for Auction Buyers:

Funds released fast – Often within 3 to 7 days
Flexible loan terms – Typically 1 to 24 months, tailored to your exit strategy
Secured against property – Residential, commercial or mixed-use properties
Buy with confidence – Secure your auction purchase without delays or risk of losing your deposit
Pre-approval available – Get funding lined up before the auction so you’re ready to bid

Who Is Bridging Finance For?

Bridging loans are ideal for:

First-time auction buyers
Property investors
Landlords
Buyers facing a broken property chain
Buyers purchasing unmortgageable properties (e.g. without a kitchen or bathroom)

Don’t Let Finance Slow You Down

Auction purchases are fast-paced, and your financing should be too. At LTC Mortgages, we guide you through every step—from pre-approval to post-auction completion—with expert advice and access to a panel of trusted UK bridging lenders.

We make the process simple, fast, and hassle-free—so you can focus on winning your next property.

Get Pre-Approved Before Auction Day

Don’t wait until the hammer falls. Speak to us today and get pre-approved bridging finance in place, so you’re ready to complete with confidence—whether you’re buying your first auction property or your fifth.

Contact LTC Mortgages today for expert bridging loan advice:

Phone: 0151 662 0188
Email: [email protected]
Website: www.ltcmortgages.co.uk

Keep in Touch

How can we help?

Whether you’re looking for a Free Automated Valuation, a mortgage offer, a price on insurance or advice on accessing business finance, we are here to help email us on [email protected] or call us on 0151 662 0188